[bmismyname]

You're correct, but the other thing with housing is that we actually have a supply glut. There are something like 16 million vacant homes in the US (according to numbers from an internet search).

Why so many vacant homes? The answer (as with everything in economics) is that the incentives are such that it's better to sit on a vacant home. In other words, our current system incentivizes hoarding homes.

[astrange]

This is false, "vacant homes" has no relation to "vacant homes you'd want to live in". Half could be condemned shacks in Detroit and the other half could be homes people have signed leases for but aren't moving in till next week.

And it's impossible to make squatting on a vacant home worthwhile, when you could be earning rent from it.

https://darrellowens.substack.com/p/vacant-nuance-in-the-vac...